Volume Zones

[ForexResearch]

Are"Volume Zone" bars calculated from the price at the left edge of the chart to the present price? In other words, are they calculated from the close of just the bars/candles displayed on the chart at any particular time?

The reason why this important is because I want to display a volume profile since the beginning of the day, and this would mean constantly adjusting the size of my chart to keep midnight at the extreme left side. Is this true?



Thank you in advance

[NinjaTrader_Ray]

Yes this is true. Its calculated based on the visible bars on the chart.

[ForexResearch]

Since I am a student of Market Profile, there is much I wish to learn about this indicator. Unfortunately, there is only a short paragraph in the documentation with NT6 in the "Help" section. How can I learn more about this great indicator?


Thank you!:)

[NinjaTrader_Ray]

Try this:

http://stockcharts.com/education/IndicatorAnalysis/indic_PBV.htm

Ray

[ForexResearch]

Thanks, Ray!

[NinjaTrader_Ray]

Also check outa 3rd Party Market Profile Indicator.

http://fin-alg.com/tpoandvolumechart.html


Ray